Vical's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Vical Incorporated (VICL)

Q2 2012 Earnings Call

August 1, 2012 12:00 PM ET

Executives

Alan Engbring – Executive Director, IR

Vijay Samant – President and CEO

Jill Broadfoot – SVP, CFO and Secretary

Analysts

Eric Schmidt – Cowen & Company

Lee Kalowski – Credit Suisse

Howard Liang – Leerink Swann

Stephen Willey – Stifel Nicolaus

Presentation

Operator

Please stand by, we’re about to begin. Good day and welcome, ladies and gentlemen, to the Vical Incorporated Financial Results Conference Call. At this time, I’d like to inform you that this conference is being recorded and that all participants are in a listen-only mode. At the request of the company, we’ll open the conference up for questions and answers from invited participants after the presentation.

I will now turn the conference over to Mr. Alan Engbring, Executive Director of Investor Relations. Please go ahead, sir.

Alan Engbring

Hello, everyone. Welcome to our second quarter 2012 financial results conference call. Participating on the call today are Vical’s President and Chief Executive Officer, Mr. Vijay Samant; and Vical’s Chief Financial Officer, Ms. Jill Broadfoot. I will begin with a brief notice concerning projections and forecasts.

This call includes forward-looking statements including financial expectations and projections of progress in our research and clinical development programs that are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including the risks set forth in Vical’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission, as well as the specific risks and uncertainties noted in Vical’s news release on second quarter 2012 financial results. These forward-looking statements represent the company’s judgment as of today. The company disclaims, however, any intent or obligation to update these forward-looking statements.

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